Search

AFC Pledges €900 Million to Fast‑Track Senegal’s Vision 2050

© Allen Dreyfus
  • Pan‑African lender to finance agriculture, energy and transport projects
  • Timely cash injection could ease debt pressures and lure fresh investors

Dakar, Senegal – Africa Finance Corporation has pledged €900 million to accelerate Senegal’s Vision 2050 agenda, underscoring investor faith in the country barely a month after Bassirou Diomaye Faye became president. AFC President and Chief Executive Officer Samaila Zubairu outlined the commitment during a 14 April meeting at the presidential palace in Dakar.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
Read More »
generic-1-1024x683
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
Read More »
guilherme-cunha-4zwozQxDbD4-unsplash-2
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
Read More »

Recent Politics

generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
Read More »
yonko-kilasi-juex154AuVA-unsplash
Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
Read More »
generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
Read More »

Latest Posts

Latest news insights